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As soon as some venture capital firms expressed concern about SVB's financial "health", a series of technology companies massively withdrew money from the bank and caused liquidity to drop rapidly. Finally, SVB - the 16th largest bank in the US on March 10 declared bankruptcy. This is the second largest commercial bank failure in US history after the collapse of Washington Mutual Bank (WaMu) in 2008 during the global financial crisis. SVB's investors and customers are now waiting to see if the bank can quickly find a buyer. During the 2008 financial crisis, Washington Mutual Bank found an immediate buyer, but IndyMac Bank, which went bankrupt in 2009, took about eight months to reach a buyout agreement. The speed of SVB's collapse has stunned the financial markets. SVB's shares began to decline on March 9, and then the impact gradually spread to other US and European banks. According to Reuters calculations, more than $ 100 billion of the market value of US banks was "wiped out" in two days 9-10/3. Vblink 777 Online Casino Login, According to VCBS, the tax measure will support domestic sugar prices in the long term. This securities company expects the price of white sugar to remain high, averaging around VND 18,000-18,500/kg as sugar demand in Vietnam is expected to increase slightly to 2.3-2.4 million tons/year. ; At the same time, the price of imported sugar is less competitive after tax imposition, boosting demand for domestic sugar.
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